4 ms·
Is that similar to Social Security in the US? Maybe Social Security is at a smaller scale
by goodoldneon 4y ago
Is that similar to Social Security in the US? Maybe Social Security is at a smaller scale
- mschuster91 4y agoI'm no expert in US pension schemes to be honest, but I quickly looked up - y'all pay 6.2% each (employer and employee) of your wage, here in Germany it's 9.3% each - and our wages tend to be lower than in the US as well. And yet, we here don't really need private pension savings. It'd be interesting if someone with a better understanding of USSS could chime in for the reasons.